UK Fiduciary Accounting

Aon
Bengaluru
Workplace: HybridFull timeFunction: Finance & AccountingExperience: 6+ yearsSkills: ["Client focus","Analytical thinking","Communication","Collaboration","Problem-solving"]

Manage fiduciary ledgers and related cash operations for the Commercial Risk Solutions team, ensuring accurate, timely movement of client funds across markets and Aon entities. Lead complex premium/claim/settlement activities, reconcile accounts, investigate discrepancies, and act as an escalation point for high-profile issues. Provide best-in-class reporting and analysis to senior stakeholders while driving process, control, and technology improvements and mentoring junior colleagues.

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FursaFursa
Aon
Aon
1 day ago

UK Fiduciary Accounting

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Last checked: 6 hours agoStatus: Live

Job Summary

Manage fiduciary ledgers and related cash operations for the Commercial Risk Solutions team, ensuring accurate, timely movement of client funds across markets and Aon entities. Lead complex premium/claim/settlement activities, reconcile accounts, investigate discrepancies, and act as an escalation point for high-profile issues. Provide best-in-class reporting and analysis to senior stakeholders while driving process, control, and technology improvements and mentoring junior colleagues.
Location: Bengaluru
Workplace: Hybrid
Employment Type: Full time
Job Function: Finance & Accounting
Seniority: Mid level

Key Responsibilities

  • •Act as a subject-matter expert for fiduciary accounting and cash management supporting the Commercial Risk team.
  • •Lead and oversee complex premium, claim, and settlement activities, ensuring accuracy, timeliness, and compliance with controls and regulatory requirements.
  • •Manage fiduciary balances and aged items, monitor aged debt and overdue balances, and resolve issues for high-value accounts.
  • •Perform outward payments and bank reconciliations, posting receipts to ledger systems and addressing timing differences.
  • •Deliver reporting and analysis to senior stakeholders, drive continuous improvement initiatives, and mentor/coach junior colleagues.

Key Requirements

  • •6+ years of relevant experience in insurance/financial services operations, fiduciary accounting, or premium/claims processing.
  • •Experience in insurance, broking, or financial operations (e.g., cash allocation and reconciliations).
  • •Prior experience in a fiduciary, client money, or cash management role within a (re)insurance broker or insurer.
  • •Familiarity with the UK regulatory environment (e.g., FCA client money rules) and insurance market practices.
  • •Proficiency in Microsoft Excel and general MS Office; strong analytical ability to resolve complex reconciliation issues and data discrepancies.
Experience:6+ yearsInsuranceFinancial servicesFiduciary accountingClient moneyCash management
Skills:Client focusAnalytical thinkingCommunicationCollaborationProblem-solving
Tech Stack:Microsoft ExcelMS OfficeElectronic banking applications

Company Brief

Aon
Global professional services firm providing risk, retirement, human resources, and insurance brokerage solutions to clients worldwide, including consulting, reinsurance, and data-driven risk management services.
Industry: Insurance
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: London, United Kingdom
Founded: 1982
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